30 Most Profitable Side Hustles to Make Extra Money

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1. App Developer

Average Earning: $50/hr

With the proliferation of smartphones and the increasing reliance on mobile apps for everyday tasks, the app development market is ripe with opportunities. Developers can generate handsome income through app sales, in-app purchases, and advertising. Even simple, well-designed apps can attract a large user base and generate passive income over time. Additionally, freelance projects and consulting for businesses looking to develop custom apps can be highly profitable.

The skills required to excel in app development are highly sought after and accessible. Knowledge of programming languages such as Java, Swift, and Kotlin, along with proficiency in app development frameworks, sets the foundation. Software engineering graduates are well-positioned to capitalize in this area with their skills, but even those with basic programming knowledge can create successful apps with the abundance of online resources and tutorials available. Given that the average earning of an app developer can be as high as $50/hr, it is the most profitable side hustle to make money in 2024.

At Insider Monkey, we delve into a variety of topics, ranging from side hustle ideas to business aspects; however, our expertise lies in identifying the top-performing stocks. Currently, Artificial Intelligence (AI) technology stands out as one of the most promising fields. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: Michael Burry Is Selling These Stocks and Jim Cramer is Recommending These Stocks.

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